Property profile

1400 Commerce Pkwy Franklin, IN 46131

OFF-MARKET
Warehouses
Property ID
US31-2073090
12,000 SF 5.94 ac lot Built 2013
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 2013
Construction TYPE NOT SPECIFIED
Total area 12,000 SF
Lot 5.94 ac (258,529 SF)
APN 41-08-11-044-002.000-009
UPID US31-2073090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1400 Commerce Pkwy Franklin, IN 46131-6963
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$904k
Blend (final) Blend
$990k

Owner & transaction history

since 2021
Last sale
$7,125
2 recorded transactions
2021
$7,125
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +0.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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